Don't do this by yourself without a lawyer. Issuing securities is not like filing for a name change. Fraud in the issuance of a security is much more expansive than fraud in a commercial transaction. Any written communication you make will be held against you in the worst possible interpretation. Avvo has so many good business and securities attorneys you can choose from under the Find a Lawyer function located at both the top and bottom of each page.
PS - yes, there is a huge difference between a domestic and foreign investor in terms of regulation.
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Please retain a good tax and business lawyer!!! This is too complicated to"do it yourself". Your attorney will draft an Operating Agreement that will address the rights the investors and protect you.
If you do not like this answer or disagree, please look at one of the other answers provided. It is not necessary for you to try prove this answer is "wrong" or something with which you do not agree. This is a free service for you based on limited facts. Nevertheless, many times you need to consult an attorney with the details to get actual advice specific to your concerns. Do not put too many details in your questions or comments because this makes the information public and could hurt you. Government Regulations contained in IRS Circular 230 regulate written communications about Federal tax matters, including e-mail, between us and our clients. This is another attempt by the government to limit your rights and to extend the control of government over individuals and businesses. Nevertheless, such communications are either opinions or other written communications. This is not an opinion. It is other written communication and was not written to be relied upon, by itself, to avoid any tax penalties. In order to receive assurances of protection from tax penalties from a written communication, you should get an opinion letter. If you would like to discuss an opinion letter relating to any matter, please contact me and I will explain what is involved and what it will cost.Ask a similar question
You likely need an offering circular describing your company, business, history and experience. This is a complex legal document with liability for any misstatements or omissions. You must hire an experienced securities lawyer to help you with it.
Oddly enough, sales to nonresident aliens are exempt, but you still need to consult a securities lawyer about it.
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